US economy at tipping point for a recession: will $100 per barrel oil be the tipping point?

Its a tricky question. I think it needs some perspective. First inflation. If the inflation rate is 2% then 2% growth is actually 0% growth. US headline inflation is now 4.7%, the highest for 14 years, so US treasury bond holders are losing money in real terms. The US is al.ready in recession. OPEC has decided to meet for the third time ever and are saying they will not increase production. Why ? because they cant. Refineries are at capacity and even if they could increase production they could not refine the oil. So build more refineries, No there is nothing to refine in them. Who is going to invest in this market with the hope of a 1 or 2 % return on the chance of losing 50%, No one. So what is the threshold oil price for the US. Well 100$ a barrel would hurt real bad, but I dont think it is an economy killer. What would that be, If the US dollar falls by another 20% and oil goes to 135$ + per barrel, the US economy will implode, and this will be permanent. I see this as inevitable unless the US can sort out some of it's more pressing issues, and we both know they cant. So it's just a matter of time before the USD is worth less than the treasury bonds that back it. I expect that Gold will go through the roof, and many people will lose a lot of money here, particul;ary in the US. They will buy in at 8 or 9 hundred an ounce and when the USD goes under the price will fall below 500$ an ounce.